Gov. Perry believes that dollars do more to create jobs and prosperity in the hands of the people, not in the hands of government, which is why he is committed to balancing the state budget without raising taxes. In these difficult economic times, state government must do what families and businesses across Texas have been doing – separate wants from needs, identify priorities, and reduce spending.

As we work through the budget process this session, Gov. Perry is committed to working with lawmakers to identify savings, make government more streamlined and efficient, and cut spending while protecting essential services. He’s also committed to strengthening the principles that have helped Texas lead the nation in job creation for the past decade and avoid the worst of the national economic recession. This includes keeping taxes low, maintaining a reasonable and predictable regulatory climate and fair legal system, and supporting an accountable education system.

Strengthening these sound, conservative fiscal principles will help ensure Texas continues to be the best place to live, work and raise a family.

Action Items

» Gov. Perry successfully worked with lawmakers to pass a balanced budget that protects essential services without raising taxes, while maintaining more than $6 billion in the state's Rainy Day Fund which will keep the state equipped to respond to potential natural disasters or ongoing national economic challenges.

» The governor kept his promise in 2009 to cut taxes on small businesses, cutting taxes for 40,000 small businesses. This session, he successfully fought to extend those cuts until 2014.

» The governor signed HB 4 during the regular session, which reduces spending on state government in the current biennium (2010-11) by more than $1 billion.

News & Announcements

• Wednesday, September 26, 2012 • Fort Worth, Texas  • Press Release
  Gov. Perry Calls for Greater Truth in Budgeting
  
  Gov. Rick Perry called on Texas lawmakers to practice greater truth in budgeting during the upcoming legislative session. The governor was joined by Rep. Mark Shelton and Rep. Bill Zedler.
  » Read the Speech: Gov. Perry Calls for Greater Truth in Budgeting
• Tuesday, September 25, 2012 • Houston, Texas  • Press Release
  Gov. Perry, Lt. Gov. Dewhurst Call for Stricter Constitutional Spending Limit
  
  Gov. Rick Perry renewed his call for a stricter Constitutional spending limit for Texas’ state budget ahead of the upcoming legislative session. The governor was joined by Lt. Gov. David Dewhurst and Sen. Dan Patrick to reiterate their commitment to the sound conservative policies that have made our state prosperous.
  » Read the Speech: Gov. Perry, Lt. Gov. Dewhurst Call for Stricter Constitutional Spending Limit
• Tuesday, June 05, 2012 • San Antonio, Texas • Press Release
  Gov. Perry Calls on Agencies to Identify 10 Percent Budget Savings
  
  Gov. Rick Perry announced the Governor’s Office and Legislative Budget Board (LBB) have directed state agencies to develop their legislative appropriations requests for the 2014-2015 biennial budget, including identifying 10 percent savings (in five percent increments) in general revenue-related funding. The governor discussed the directive and his commitment to keeping Texas on the path to prosperity at a discussion about the Texas economy hosted by the Greater San Antonio Chamber of Commerce and emceed by talk radio host Joe “Pags” Pagliarulo.
• Friday, May 25, 2012 • Austin, Texas • Noteworthy
  Texas Budget Compact, Pt. 5: Cutting Wasteful Spending
  
  
  A basic value that has helped power the Texas economy over the past decade is our dedication to cutting expenses wherever possible, doing everything we can to get the most possible out of every single taxpayer dollar. We must remain true to that philosophy whether tax receipts are coming in higher than expected or lower than anticipated.
• Wednesday, May 23, 2012 • Austin, Texas • Noteworthy
  Texas Budget Compact, Pt. 4: Rainy Day Fund
  
  
  An important facet of fiscal responsibility is ensuring the state is financially able to cope with unforeseen events. Just like every home budget needs a savings account for emergencies, we need to preserve our strong Rainy Day Fund. An adequate Rainy Day Fun is critical to our ability to respond to and recover from disasters and emergencies, whether they’re natural or man-made.
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